Blend Labs, Inc. BLND
NYSE · XNYS · stock · Services-Computer Programming, Data Processing, Etc. · website · IPO 2021-07-16
Blend Labs, Inc. financials (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $123.6M | $115.8M | $109.5M | $235.2M | $234.5M |
| Gross profit | $91.2M | $83.2M | $76.5M | $89.7M | $116.0M |
| R&D expense | $32.8M | $46.1M | $81.3M | $138.1M | $92.2M |
| Operating income | -$21.7M | -$48.8M | -$143.6M | -$746.2M | -$197.2M |
| Interest expense | — | — | $30.8M | $24.8M | $11.3M |
| Income tax | $249,000 | $109,000 | $94,000 | -$2.2M | -$38.9M |
| Net income | -$6.8M | -$43.3M | -$178.7M | -$720.2M | -$169.9M |
| EPS (diluted) | $-0.10 | $-0.24 | $-0.76 | $-3.28 | $-1.30 |
| Operating cash flow | $14.4M | -$13.0M | -$127.6M | -$190.4M | -$127.5M |
| Free cash flow | — | — | — | — | -$129.2M |
| Cash & equivalents | $45.1M | $38.0M | $23.5M | $124.2M | $213.1M |
| Total assets | $170.0M | $178.1M | $206.1M | $432.8M | $1.1B |
| Total liabilities | $41.0M | $40.4M | $179.1M | $268.8M | $301.9M |
| Shareholders' equity | -$30.5M | -$56.4M | -$19.2M | $123.2M | $774.6M |
Source: SEC EDGAR filings · CIK 0001855747 · as of 2025-12-31. Facts from filings plus Stocktoria's own computed scores — not investment advice.